/kloc-when the oil price peaked in 0/3, the gasoline price was 9.32 yuan per liter, which had already broken the domestic historical oil price record. China oil price was adjusted 18 times, of which 1 1 time, 6 times, and one time was stranded. But in these dozens of adjustments, the increase is far greater than the downward adjustment.

The sharp rise in oil prices should be said to be only a market panic, and the structural supply crisis is far from coming. Whether in short-term or long-term, the flood of liquidity, the weakness of the US dollar and the expectation of the depreciation of the US dollar will lead to the continuous rise of oil prices, and the era of low oil prices will never return. China should be prepared to deal with long-term high oil prices.

International oil prices skyrocketed:

International oil prices rebounded sharply on Thursday, with Brent crude oil futures and US crude oil futures both soaring by more than 10%, recovering the huge lost ground during the global market turmoil earlier this week, which benefited from market speculation that Venezuela called for an emergency meeting of the Organization of Petroleum Exporting Countries, the global stock market rebound and the slowdown in supply, which gave birth to a short covering-style rebound.

The Wall Street Journal reported that Venezuela contacted members of the Organization of Petroleum Exporting Countries and urged an emergency meeting with Russia to work out a plan to curb the sharp drop in oil prices. Brent crude oil futures price closed up 4.42 USD on Thursday, up 10.25% to 47.56 USD/barrel; NYMEX crude oil futures prices in the United States closed up $3.96, or 10.26%, at $42.56/barrel on Thursday.

Above content reference: Baidu Encyclopedia-Oil price